FocusUS styrene at odds on price and supply

10 January 2008 22:37[Source: ICIS news]

By Brian Balboa

HOUSTON (ICIS news)--Styrene plants in Texas and Lousiana belonging to four major producers were sold out of material for the spot market, straining supplies along the US Gulf coast, market participants said on Thursday.

Despite the talk of tight supplies, styrene traders and other producers contended material could be drawn from other plants in Louisiana and Canada, blunting upward price pressure.